In the first half of this year, the industrial added value of textile enterprises above designated size in Fujian Province increased by 11.4% year-on-year, 4.6 percentage points higher than the same industry in the country. Enterprises above designated size achieved a total of 103.662 billion yuan in main business income, a year-on-year increase of 7.7%, which was 2.3 percentage points higher than that of the same industry in the country; the total profit was 11.3 billion yuan, a year-on-year increase of 12.9%, 3.5 percentage points higher than that of the same industry in the country.
Faced with the problems of global textile overcapacity, reduced domestic and foreign market demand, increasing labor costs and difficulty in recruiting, the textile industry, a representative of labor-intensive industries, has encountered development bottlenecks. In this regard, Fujian Province took the initiative to follow up the "Industry 4.0" and "Made in China 2025" strategies, issued preferential policies to encourage enterprises to deploy new automation equipment, and through the implementation of the "machine substitution" technical transformation project to make the production process intelligent and become a An important weapon for the transformation and upgrading of textile enterprises.